Stropro enters strategic partnership to elevate structured product offerings for advisers.
by Stropro on 04 Dec 2024
We’re thrilled to share that Stropro has entered into a strategic partnership with Praemium, a preeminent HNW wealth management platform to redefine the future of financial advice in Australia. This strategic partnership integrates Stropro’s market-leading structured products platform with Praemium’s new Spectrum solution, creating unparalleled opportunities for financial advisers to enhance their offerings.
Empowering Financial Advisers with New Capabilities
This partnership equips financial advisers with advanced tools and resources, including:
- Access to structured product education: Comprehensive resources to improve understanding and application of structured products in client portfolios.
- Enhanced product design: Tailored investment solutions that align with specific client objectives.
- Seamless integration: Simplified management, reporting, and analytics for structured products through Praemium’s platform.
Strategic Impact for Advisers
By leveraging Stropro’s expertise and strong relationships with major investment banks, financial advisers gain:
- More effective tools to diversify and de-risk client portfolios.
- The ability to offer precise, customised investment solutions.
- Improved pricing and product outcomes via Stropro’s market-leading panel of 10 global investment banks.
- Integrated functionality within Praemium’s platform to streamline operations.
“Structured products are an increasingly important tool for financial advisers to deliver customised solutions and meet the complex needs of HNW clients,” said James Edmonds, Chief Operating Officer at Praemium. “This partnership enhances our proposition by incorporating Stropro’s market-leading structured product capabilities within our new Spectrum product, enabling advisers to expand their offering and engage with their clients on new investment opportunities.”
Ben Streater, COO of Stropro: “Praemium’s advisers will have the unique opportunity to work directly with Stropro’s Investment Desk. Our approach provides advisers with tailored education for themselves and their clients, enhanced product solutioning, competitive structured product pricing, and advanced reporting tools to support better decision-making and investment outcomes.”
This strategic collaboration highlights Praemium and Stropro’s commitment to innovation in financial services, delivering best-in-class solutions to empower advisers and help them drive superior outcomes for their clients.
The strategic partnership was widely covered across the financial services media landscape. See more below:
- Praemium: "Praemium and Stropro partner to elevate structured product offerings for advisers"
- Financial standard: "Praemium partners to bring structured products to HNWIs"
- Adviser Voice: "Praemium and Stropro partner to elevate structured product offerings for advisers"
- Money Management: "Praemium enters strategic partnership with alternative investments platform"
- Investor Daily: "Praemium teams up with alternative investment platform"
- Financial Newswire: "Praemium inks deal to expand structured product suite"
- Independent Financial Adviser: "Praemium partnership expands access to alternative assets"
For further information:
- Adele Welsh, Head of Marketing, Praemium, +61 424 189 606, adele.welsh@praemium.com
- Ben Streater, COO, Stropro, +61 434 031 200, ben@stropro.com